Skip to main content
Sister Publication Links
  • European Rubber Journal
  • Plastics News
  • Tire Business
Subscribe
  • Login
  • Register
  • Subscribe
  • News
    • Best Places to Work
    • Rubber Division IEC
    • War in Ukraine
    • Automotive
    • Tire
    • Non-Tire
    • Suppliers
    • ITEC
    • Silicone
    • Online Exclusive
    • Latex
    • Technical Notebooks
    • Executive Action
    • Government/Legal
    • Opinion
    • Blogs
    • Sustainability
    • Products
    • Wacky World of Rubber
  • Airless Tires
  • Custom
    • Sponsored Content
    • White Papers
  • Resources
    • Directory
    • Classifieds & Mold Mart
  • Data
  • Events
    • RN Events
    • RN Livestreams/Webinars
    • Industry Events
    • Past Events
    • Rubber News M&A Live
    • Ask the Expert
    • Healthcare Elastomers Conference
    • Rubber In Automotive Conference
    • Women Breaking the Mold Networking Forum
  • Advertise
  • DIGITAL EDITION
MENU
Breadcrumb
  1. Home
  2. News
January 17, 2017 01:00 AM

RPM International makes fourth acquisition of 2017

Rubber & Plastics News Report
  • Tweet
  • Share
  • Share
  • Email
  • More
    Print
    Prime Resins, which was acquired recently by RPN, has product line that includes a broad range of polyurethane and epoxy grouts, foams, adhesives and coatings used for leak sealing, concrete structural repair, slab lifting and soil stabilization.

    MEDINA, Ohio—RPM International Inc. has started the new year with a bang, adding yet another acquisition.

    The firm has acquired Prime Resins to be part of its USL Group. Prime Resins produces specialty chemicals and equipment for infrastructure construction and repair. The Conyers, Ga.-based firm reported annual net sales of about $7 million.

    Prime Resins' product line includes a broad range of polyurethane and epoxy grouts, foams, adhesives and coatings used for leak sealing, concrete structural repair, slab lifting and soil stabilization. RPM said in a Jan. 17 news release that Prime Resins products are used in highways, roads, bridges, airport runways, sewage systems and retaining walls.

    RPM did not disclose financial terms of the deal, but said that Prime Resins President David Barton will continue to lead the business.

    "We intend to drive its top-line growth by leveraging the Prime Resins sales force to bring more of USL's differentiated product technologies to the U.S. infrastructure market," RPM CEO Frank C. Sullivan said in a statement. "At the same time, we will improve its bottom line through access to RPM's raw materials purchasing network."

    The Prime Resins deal comes on the heels of three other buys in 2017. RPM first acquired Clayton Corp.'s foam division on Jan. 3. Clayton markets low-pressure spray polyurethane foam under two primary brands—Touch 'N Foam for the consumer do-it-yourself market and Touch 'N Seal for the professional industrial market. Based near St. Louis, RPM said the division reported annual net sales of about $60 million. Financial terms were not disclosed.

    Then on Jan. 6, RPM acquired 80 percent of Arnett Polymers L.L.C., a Richmond, Mo.-based producer of specialty chemical raw materials—such as resins, hardeners, curing agents and other intermediates for use in epoxy and polyurethane materials. And, on the same day through its Legend Brands business, acquired the Prochem business from Karcher North America Co. Inc. Based in Chandler, Ariz., Prochem produces professional equipment and chemicals for cleaning and restoring carpet, upholstery, and hard flooring surfaces.

    Financial details for all three acquisitions were not disclosed. RPM said Arnett and Prochem have combined annual net sales of about $42 million.

    Based in Medina, RPM owns subsidiaries that are leaders in the specialty coatings, sealants, building materials and related services across three segments. Portfolio companies include Stonhard, Tremco, Illbruck, Carboline, Flowcrete, Euclid Chemical and RPM Belgium Vandex.

    Letter
    to the
    Editor

    Rubber News wants to hear from its readers. If you want to express your opinion on a story or issue, email your letter to Editor Bruce Meyer at [email protected].

    Most Popular
    1
    Sustainability, circularity require full tire industry buy-in
    2
    VMI outlines tire technology upgrades for efficient, sustainable manufacturing
    3
    Toyo development could yield CO2-derived butadiene rubber
    4
    Michelin to invest $100 million in Kansas ag plant
    5
    Sumitomo Chemical ending SSBR, EPDM production
    SIGN UP FOR NEWSLETTERS
    EMAIL ADDRESS

    Please enter a valid email address.

    Please enter your email address.

    Please verify captcha.

    Please select at least one newsletter to subscribe.

    Get our newsletters

    Staying current is easy with Rubber News delivered straight to your inbox, free of charge.

    Subscribe Today

    Subscribe to Rubber News to get the best coverage and leading insights in the industry.

    SUBSCRIBE
    Connect with Us
    • LinkedIn
    • Facebook
    • Twitter

    MISSION

    To serve companies in the global rubber product industry by delivering news, industry insights, opinions and technical information.

    Contact Us

    2291 Riverfront Pkwy, Suite 1000
    Cuyahoga Falls,
    OH 44221

    Customer Service:
    877-320-1726

    Resources
    • About Us
    • Digital Edition
    • Staff
    • Advertise
    • Order Reprints
    • Privacy Policy
    • Privacy Request
    • Terms of Service
    • Careers
    • Ad Choices Ad Choices
    • Sitemap
    Partner Sites
    • Tire Business
    • European Rubber Journal
    • Plastics News
    • Urethanes Technology
    • Automotive News
    • Crain Brands
    Copyright © 1996-2023. Crain Communications, Inc. All Rights Reserved.
    • News
      • Best Places to Work
      • Rubber Division IEC
      • War in Ukraine
      • Automotive
      • Tire
      • Non-Tire
      • Suppliers
      • ITEC
      • Silicone
      • Online Exclusive
      • Latex
      • Technical Notebooks
      • Executive Action
      • Government/Legal
      • Opinion
      • Blogs
        • Products
        • Wacky World of Rubber
      • Sustainability
    • Airless Tires
    • Custom
      • Sponsored Content
      • White Papers
    • Resources
      • Directory
      • Classifieds & Mold Mart
    • Data
    • Events
      • RN Events
        • Healthcare Elastomers Conference
        • Rubber In Automotive Conference
        • Women Breaking the Mold Networking Forum
      • RN Livestreams/Webinars
      • Industry Events
      • Past Events
      • Rubber News M&A Live
      • Ask the Expert
    • Advertise
    • DIGITAL EDITION